Analysis Archive – Page 86

Kraken's Parent Payward Acquires Stablecoin Firm Reap in $600M Deal
Kraken parent Payward is acquiring Asia-based stablecoin payments infrastructure firm Reap for $600M, expanding into card issuance and merchant rails.

White House Eyes July 4 Deadline for CLARITY Act Passage
A White House crypto adviser says the administration is targeting July 4 for CLARITY Act passage, with Senate Banking markup planned this month.

White House Says Strategic Bitcoin Reserve Announcement Coming Within Weeks
White House official Patrick Witt says a Strategic Bitcoin Reserve announcement is coming within weeks, signaling movement on Trump's March 2025 executive order.

Coinbase Launches Gold and Silver Perpetual Futures for Non-US Traders
Coinbase has rolled out GOLD-PERP and SILVER-PERP contracts for eligible non-US users, pushing its derivatives venue beyond crypto into traditional commodities.

XRP Whale Inflows on Binance Sink to Lowest Level Since 2021
XRP whale deposits to Binance just hit their weakest reading in over three years, signaling large holders are sitting on supply rather than rotating to sell.

South Korea to Begin Virtual Asset Taxation in January 2027
South Korea confirms a January 2027 start for crypto income tax, per Edaily. The 20% levy above 2.5M won applies to gains from digital assets.

OKX to Launch Pre-IPO Perpetual Futures on OpenAI, SpaceX, Anthropic
OKX is rolling out perpetual futures contracts pegged to private valuations of OpenAI, SpaceX, and Anthropic, opening crypto-funded exposure to AI giants.

PayPal, Mastercard and Visa Face UK Competition Probe Over Wallet Deals
UK regulators open a competition probe into digital wallet agreements between PayPal, Mastercard, and Visa, with knock-on risk for crypto card issuers.

BNY Mellon Expands Crypto Custody Services in Abu Dhabi
BNY Mellon, the world's largest custody bank with $52T under custody, is expanding crypto services in Abu Dhabi as the UAE pushes deeper into digital assets.

Aave Liquidates KelpDAO Hacker's rsETH and Recovers 90% of Bad Debt
Aave liquidated the KelpDAO attacker's rsETH positions on Ethereum and Arbitrum, leaving the protocol about 10% short of clearing the bad debt.
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